1115 S Elm 516, Los Angeles, California 90035, Los Angeles, 90035 - 1 bed, 2 bath

1115 S Elm 516
Los Angeles, California 90035
Property Price
SUMMARY
Analysis of 1115 S Elm 516, Los Angeles, California 90035 is currently available with a list price of $565,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1972, this condo is well-maintained and clean but remains largely in a dated condition. The kitchen features older white appliances and cabinetry rather than modern stainless steel and custom finishes. While the flooring has been updated to a light laminate and the unit is move-in ready, the bathrooms and overall fixtures show signs of being from a renovation cycle over 15-20 years ago. It meets the 'fair' criteria as an aged property maintained through regular upkeep but lacking recent major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Beverly Hills High School (9/10).
- Prime Location
Situated in a highly desirable Beverly Hills adjacent neighborhood, this property offers exceptional walkability to top-tier restaurants, cafes, and grocery stores just one block from Beverly Drive.
- Panoramic Views
The unit features oversized windows and an expansive private balcony spanning the entire length of the residence, offering stunning views of the city skyline, hillsides, and the iconic Hollywood Sign.
CONSRISKS & DEFICIENCIES
- Tandem Parking
While the unit includes two parking spaces, they are in a tandem configuration, which may be less convenient for households with multiple drivers compared to side-by-side parking.
- Vintage Construction
Built in 1972, the property may require modern cosmetic updates or system upgrades to align with the contemporary luxury standards expected in the Beverly Hills adjacent market.
About 1115 S Elm 516
Perched above the city in the coveted Beverly Towers, this bright 1-bedroom, 2-bath residence offers sweeping city and hillside views and a flowing, open floor plan designed for both comfort and entertaining. An oversized living and dining area connects seamlessly to a spacious kitchen with abundant cabinetry, offering exceptional storage and functionality rarely found in a one-bedroom condo. Oversized windows and sliding glass doors flood the home with natural light and frame sweeping city and hillside views including the iconic Hollywood Sign. Step outside to an expansive private balcony that spans the entire length of the unit, creating an effortless indoor-outdoor lifestyle and the perfect place to unwind while taking in the city skyline. This highly sought-after building offers an impressive lineup of amenities, including a year-round heated pool and spa, fitness center with sauna, recreation room, earthquake insurance, and additional exterior storage all at $480 a month. The unit also includes two tandem gated parking spaces and a private storage area, a true luxury in this prime location. Situated directly across the street from Beverly Hills and just one block from Beverly Drive, you’ll enjoy immediate access to top-tier restaurants, cafés, grocery stores, and everyday conveniences — all while living in the desirable Beverly Hills adjacent neighborhood. Bright, open, and perfectly positioned with unforgettable views — this is a home that must be experienced in person!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 39,965 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $480.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Canfield Avenue Elementary School
Grades K-5 • 0.6 mi
Shenandoah Street Elementary School
Grades K-5 • 1.4 mi
Crescent Heights Boulevard Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 7% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 768 | 1,423 | 7% |
| Lot Size | 39,965 | 12,726.5 | 86% |
| Price | $565.0K | $850.0K | 7% |
| Price per sq ft | $736 | $645 | 57% |
| Built year | 1972 | 1985 | 29% |
| HOA | $480.0 | $548 | 50% |
| Days on market | 17 | 179 | 7% |
Pricing History
Listed for Sale
Feb 17, 2026
$565,000
Initial Listing
Sold
Aug 16, 2021
$532,000
Public Record
Sold
May 29, 2015
$479,000
Public Record
Sold
Jun 1, 2010
$387,500
Public Record
Sold
Apr 25, 1997
$83,000
Public Record






















